The recent wave of increase is the market preemptively digesting the positive expectations based on Trump's campaign. Once it lands, there will be a short-term spike followed by a pullback. However, if Trump wins, the medium-term trend will be bullish. Conversely, there will be a one-sided decline. There is no need to guess how the market will move; we just need to be prepared to face it at any time. When the soldiers come, we defend; when the water comes, we cover.
The short-term high-level fluctuations are due to the election results yet to be confirmed, with most major players choosing to wait and see. High-leverage traders need to manage risks.
This Thursday and Friday may see sharp movements. Next week's fluctuations will be very intense.
Currently, there are no signs that BTC will break 100k; at most, it might hover around 80k. The probability of breaking 100k before the end of the year is very low, so there’s no need to fear missing out (FOMO). Those KOLs won't tell you how to handle contracts and spot trading during short-term fluctuations. Regardless of how strong your beliefs are, they are meaningless; trading is never just about buying or selling in one go; compounding is what matters most. The key link in the short to medium term is to stabilize at 72300-73300 first to see 80k; temporarily looking too high is simply wishful thinking; the road ahead is long and winding.
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